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Enterprise High-Performance Computing Platforms sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Enterprise High-Performance Computing Platforms

1.1 - About Enterprise High-Performance Computing Platforms sector

Companies in the Enterprise High-Performance Computing Platforms category build and operate scalable compute infrastructure for data-intensive workloads. They deliver integrated clusters combining CPU and GPU nodes, high-speed interconnects, parallel storage, and workload orchestration to run large simulations, modeling, and AI training. Their value lies in predictable performance, elasticity, and lower total cost of ownership for enterprises and research institutions seeking dependable supercomputing capacity.

Providers deliver pre-engineered HPC clusters that combine dense CPU and GPU nodes to run large-scale simulation and AI training. They design and deploy low-latency interconnect fabrics and parallel file systems with tiered NVMe storage to keep data close to compute. Typical platforms include cluster management and job schedulers, containerized workflows with HPC runtimes, hybrid cloud bursting for overflow workloads, performance benchmarking and tuning, and enterprise security with identity and multi-tenant controls.

Primary customers include enterprise R&D organizations, research universities and government labs, and AI engineering teams in data-intensive industries. These providers help buyers accelerate model training and simulation cycles, scale compute capacity to meet peak demand, improve resource utilization and job throughput, and reduce total cost of ownership through efficient architectures and managed operations. For M&A analysts, strategic buyers in enterprise HPC target repeatable infrastructure and software revenue.

2. Buyers in the Enterprise High-Performance Computing Platforms sector

2.1 Top strategic acquirers of Enterprise High-Performance Computing Platforms companies

CoreWeave Logo

CoreWeave

HQ: United States Website
  • Description: Provider of specialized cloud infrastructure and services optimized for high-performance computing workloads, offering NVIDIA GPU instances, Kubernetes orchestration, storage, networking and observability tools for machine learning and AI applications.
  • Key Products:
  • GPU-Accelerated Cloud Platform: Provides dedicated GPU compute instances delivering high throughput for AI
  • VFX and compute-heavy workloads, enabling unmatched scalability and performance for enterprises
  • Flexible Resource Allocation: Offers dynamic scaling and flexible GPU resource allocation, allowing customers to tailor compute capacity and manage costs according to workload demands
  • Real-Time Performance Monitoring: Supplies built-in monitoring tools for real-time performance visibility, helping teams track usage, optimize allocation, and maintain reliability across intensive tasks
  • Management & Analytics Suite: Includes analytic dashboards that streamline operations by monitoring usage metrics and providing insights to optimize resource allocation and reduce operational overhead.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Enterprise High-Performance Computing Platforms sector

M&A buyer group 1: IaaS

17 companies View group →
Description: Companies in the Enterprise Cloud IaaS Platforms category deliver on-demand compute, storage, and networking infrastructure that customers use to build, run, and scale applications globally. These providers abstract physical data centers into APIs and self-service consoles, enabling elastic capacity, high availability, and pay‑as‑you‑go economics. The category helps organizations replace capital-intensive hardware with flexible cloud resources while maintaining security, performance, and geographic reach.
Dell Technologies

Dell Technologies

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of technology products, solutions and customer-support services, enabling users to organize Dell devices, track service requests, check and extend warranty coverage, download drivers, run diagnostics and access other product-specific assistance through its My Products and Services portal and related support tools.
  • Key Products:
  • My Products and Services: Web portal that lets customers register and organize Dell devices, view service requests, check warranty status, and access product-specific support in one dashboard
  • Support Services & Warranty: Online service enabling users to review current warranty terms, purchase or extend coverage, and receive authorized repair or replacement options for Dell hardware
  • Drivers & Downloads: Repository where customers can identify their device, download the latest certified drivers, firmware and software updates, ensuring optimal performance and compatibility
  • PC Diagnostics: Cloud-based test suite that runs hardware diagnostics on Dell systems, detects issues, and provides troubleshooting steps or repair recommendations to resolve performance problems.
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Enterprise High-Performance Computing Platforms sector

3.1 - Buyout funds in the Enterprise High-Performance Computing Platforms sector

Buyout Funds investing in Enterprise High-Performance Computing Platforms companies

51+ funds
Description: Buyout funds focused on Enterprise High-Performance Computing Platforms companies globally.

TPG

Website HQ: United States
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Enterprise High-Performance Computing Platforms
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Enterprise High-Performance Computing Platforms sector

Growth Equity Funds in Enterprise High-Performance Computing Platforms companies

41+ funds
Description: Growth equity funds focused on Enterprise High-Performance Computing Platforms companies globally.

Summit Partners

Website HQ: United States
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Enterprise High-Performance Computing Platforms
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Enterprise High-Performance Computing Platforms companies

4.2 - Public trading comparable groups for Enterprise High-Performance Computing Platforms sector

Description: Public companies in this group deliver cloud infrastructure and managed services that power enterprise and internet-scale workloads. Business models span IaaS/PaaS platforms, edge delivery and security, web hosting and domains, and outsourced cloud operations. They are comparable because revenue is predominantly recurring and consumption-based, tied to compute, storage, and network utilization, managed service contracts, and software subscriptions supporting digital transformation and workload modernization.
Microsoft logo

Microsoft

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of software, services, devices, and solutions including operating systems, productivity software, enterprise applications, server products, cloud services, and gaming systems to enhance productivity, facilitate communication, and enable digital transformation for personal and business use.
  • Key Products:
  • Windows: Operating system for personal computers and workstations
  • Office 365: Subscription-based productivity suite including Word, Excel, PowerPoint, and Outlook
  • Azure: Cloud computing platform offering virtual machines, databases, and storage solutions
  • Xbox: Gaming console with access to various video games and entertainment content
  • Dynamics 365: Enterprise resource planning and customer relationship management applications.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Enterprise High-Performance Computing Platforms sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Enterprise High-Performance Computing Platforms sector

Who are the top strategic acquirers of Enterprise High-Performance Computing Platforms companies?

Top strategic buyers in this sector include CoreWeave, a provider of specialized cloud infrastructure and services optimized for high-performance computing workloads, offering nvidia gpu instances, kubernetes orchestration, storage, networking and observability tools for machine learning and ai applications. .

Which buyer groups are most relevant for Enterprise High-Performance Computing Platforms companies?

Relevant strategic buyer groups similar to the Enterprise High-Performance Computing Platforms sector include IaaS because they share similar customer segments and product capabilities.

Financial Investors in Enterprise High-Performance Computing Platforms sector

Which are the top PE firms investing in Enterprise High-Performance Computing Platforms companies?

Potential investors in the broader Enterprise High-Performance Computing Platforms space include Summit Partners and TPG.

Who are the top buyout funds acquiring Enterprise High-Performance Computing Platforms companies?

Active PE funds and buyout funds acquiring companies in the Enterprise High-Performance Computing Platforms space include TPG.

Who are the top growth equity funds investing in Enterprise High-Performance Computing Platforms companies?

Growth funds investing in the broader Enterprise High-Performance Computing Platforms sector include Summit Partners.

Valuation of Companies in Enterprise High-Performance Computing Platforms sector

Which are the key public companies that are relevant trading comps for Enterprise High-Performance Computing Platforms companies?

Key trading comparable groups include Microsoft, a provider of software, services, devices, and solutions including operating systems, productivity software, enterprise applications, server products, cloud services, and gaming systems to enhance productivity, facilitate communication, and enable digital transformation for personal and business use..

Which are the key trading comparable groups for Enterprise High-Performance Computing Platforms companies?

Similar trading comparable companies include Cloud Infrastructure and Managed Services Companies. Our platform tracks detailed trading comparable groups in the Enterprise High-Performance Computing Platforms sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Enterprise High-Performance Computing Platforms sector?

Our platform tracks M&A transactions in the Enterprise High-Performance Computing Platforms sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Enterprise High-Performance Computing Platforms?

Access recent funding rounds in the Enterprise High-Performance Computing Platforms sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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